AECOM Technology wins contract worth $17.4 million, Stock surges 15%

California-based AECOM Technology Corporation has received an order worth US$ 17.4 million from Rayadah Investment Company, through AECOM's Tecsult subsidiary.

Symantec Corp. launches Norton Antivirus 2009 Gaming Edition

Symantec Corp., a global leader in providing security, storage and systems management solutions has launched Norton AntiVirus 2009 Gaming Edition, a new offering designed specifically with the gami

Federal judge orders Facebook spammer to pay $873 million

FacebookIn the largest fine ever issued under the US CAN-SPAM Act of 2004, the District Judge, Jeremy Fogel, ordered a Facebook spammer to pay the social networking company $837 million in damages. The fine is nearly three times Facebook's estimated revenues for 2008.

Electric car services to be increased in the Bay Area

'Better Place', a venture-backed company designed to reduce demands on petroleum through infrastructure favoring electric cars, has proposed to increase the availability of electric car services and provide incentives for investment in the technology. Representatives of the cities of San Francisco, San Jose, and Oakland said they will partner with 'Better Place' (BP) in its venture.

Nyx Acquisitions acquires Image Entertainment for $100 million

California-based Image Entertainment, Inc. has entered into a definitive merger agreement with Nyx Acquisitions Inc., a wholly-owned subsidiary of Q Black Media, to sell Image Entertainment in a cash transaction worth $100 million.

The deal includes assumption of Image's outstanding debt under its credit facility, replication advance obligation and convertible note.